Warner Bros. Discovery reached 110 million global streaming subscribers and $268 million in earnings in Q3, putting it on pace for sustained profits.

The gains in streaming were offset by lower revenue at Warner Bros.’ studio unit, where movies like “Beetlejuice Beetlejuice” and “Twisters” couldn’t compete with the outsized success of “Barbie” last year. Revenue in the studio unit fell ...

Warner Bros Discovery CEO David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening the door to industry consolidation, he said on Thursday.

Warner Bros. Discovery Inc., the parent of the Max streaming service, gained more subscribers than expected in the third quarter, suggesting its online business is picking up. The New York-based media company added 7.

Warner Bros. Discovery reported impressive gains in its global streaming subscriber numbers, adding more net Max subs than during any quarter since the streaming service launched. That boosted the company stock by more than 10% by 2 p.